There are many types of checking accounts. Again, remember to comparison shop for the types
of features (service charges, location, minimum balance) that best suits your needs.
Which of the banks would you choose? Explain.
No matter what type of checking account you open, most have the same kinds of checks. You
must take care to write checks properly so that the bank will do exactly what you want. Always
follow these rules when you write a check:
- Always write a check in ink.
- Date the check the day you write it. Never pre- or postdate it. Write the amount of the check
in numbers close to the dollar sign so that no one can insert a number before the amount you
have written - Write the amount of the check in words starting of the far left side. After the last word, draw
a line to fill the unused space. - Always sign the check the same way you signed the signature card at the bank.
- Never sign a blank check.
- Record each check in your check register immediately after it is written.